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The only thing the IRS requires is that business’s withhold and match FICA (social security), pay unemployment insurance, and pay workers’ compensation insurance. In other words, it is the tax that you withhold from the employee’s pay and match. If you don’t know who owns the property, write down the addresses so you can look up ownership records through your local tax assessor’s office. You do need to investigate potential problems such as liability insurance, workers’ compensation issues, office equipment, and confidentiality issues. If you, as the employer, ignore these types of problems then you may find less loyalty and more employee burnout. These may bring to light problems for telecommuting in your line of business. Your employees may even acquire some team building skills if you start a company softball team. These programs have a large counseling element, although their goals are to maintain and even improve your company’s production. Don’t use the API when your result set is likely to be large. These benefits are typically quite generous and come in the form of a large severance package, a large one-time bonus that only comes when employment is terminated, and/or stock options.
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